SEC Sues Geosyn Mining for $5.6M Investor Fraud
The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.

The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Researchers from PayPal's Blockchain Group propose incentivizing Bitcoin miners to adopt greener practices using economic principles, potentially reducing Bitcoin's environmental impact significantly.
Binance is once again making progress by introducing special listings for cryptocurrencies like Dogecoin, Cardano, and Chainlink.
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
Bitcoin uses half the energy that is wasted every year in the U.S.
Vasil delivers an updated version of Cardano’s smart contract scripting language: Plutus v2.
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.